Marvion Inc. (MVNC)
Marvion Inc., along with its affiliated entities, operates an online platform dedicated to the creation and distribution of media and entertainment content. This platform serves a diverse audience, including filmmakers, content creators, production houses, distributors, and end-consumers, both in Hong Kong and across international markets. The company extends a suite of services, encompassing financing, business development strategies, and related professional support. It also delivers strategic business and management consulting, offering expert guidance to clients to ensure compliance with regulatory and industry practice requirements. Additionally, Marvion is involved in cutting-edge non-fungible token (NFT) solutions, undertakes IT development, provides research & development as well as IT consulting expertise, and offers treasury management services. Established in 2008, the entity was previously known as Bonanza Goldfields Corp. before officially rebranding to Marvion Inc. in January 2023. It is headquartered in Singapore.
Sector: Finance Services
Industry: Integrated Freight & Logistics
Marvion Inc.
OTC:MVNCIndustrials · Integrated Freight & Logistics
Mkt Cap-
Float306.75M
O/S-
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.47M
Net Income$345K
Total Assets$5.84M
Free Cash Flow-$456K
Debt & Equity
Total Debt$126K
Total Equity-$3.93M
Preferred Stock$1K
Shares Outstanding
Short Interest
Split History3 splits · 2 reverse
2-year cumulative
1:100
Nasdaq bars a compliance period at 1:250
- 1:100Reverse splitOct 13, 2026100 shares → 1
- 1:3,000Reverse splitMay 8, 20243,000 shares → 1
- 7:1Forward splitMar 10, 20091 share → 7
Balance Sheet Details
Assets$5.84M
Liabilities$9.76M
Accounts Receivable$479K
Accounts Payable$103K
Inventory$0
PP&E (Net)$4.58M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 |
| Revenue | $3.47M | $1.54M | $660K | $11.48M | $297K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $619 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | 124.8% | 134.1% | -94.3% | 3765.1% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $1.94M | $780K | $378K | $8.7M | $88K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $67K | $107K | $76K | $0 | $0 |
| Gross Profit | $1.53M | $764K | $282K | $2.79M | $209K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $619 | -$67K | -$107K | -$76K | $0 | $0 |
| Gross Margin | 44.1% | 49.5% | 42.7% | 24.3% | 70.4% | - | - | - | - | - | - | - | 100.0% | - | - | - | - | - |
| Research and Development | $0 | $0 | $21.03M | $9.29M | $124K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.32M | $1.38M | $256K | $3.53M | $1.52M | $865 | $47K | $22K | $103K | $6K | $5K | $4K | $775K | $768K | $1.41M | $63K | $165K | $103K |
| Other | $0 | $0 | -$21.03M | $0 | $681K | $0 | $50K | $39K | $42K | $2K | $2K | $2K | $207K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.32M | $1.38M | $256K | $12.82M | $2.32M | $865 | $97K | $61K | $145K | $8K | $7K | $6K | $982K | $768K | $1.41M | $63K | $165K | $103K |
| Operating Income (EBIT) | $208K | -$615K | $26K | -$10.03M | -$2.11M | -$865 | -$97K | -$61K | -$145K | -$8K | -$7K | -$6K | -$982K | -$834K | -$1.52M | -$139K | -$165K | -$103K |
| Operating Margin | 6.0% | -39.8% | 4.0% | -87.3% | -711.6% | - | - | - | - | - | - | - | -158643.0% | - | - | - | - | - |
| Interest Expense | $217K | $121K | $118K | $0 | $0 | $0 | $24K | $31K | $1K | $2K | $2K | $8K | $472K | $193K | $95K | $480K | $2.12M | $358 |
| Interest Income | $688 | $2K | $592 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $132K | -$119K | $592 | -$22K | -$2K | $0 | -$24K | $174K | $6K | $1K | $139K | -$8K | -$443K | -$257K | -$892K | -$579K | -$2.12M | -$358 |
| Income Before Tax (EBT) | $340K | -$734K | $27K | -$10.05M | -$2.12M | -$865 | -$121K | $113K | -$138K | -$7K | $133K | -$14K | -$1.42M | -$1.09M | -$2.41M | -$718K | -$2.28M | -$104K |
| Income Tax Expense | -$5K | $0 | $17K | -$4K | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $345K | -$734K | $9K | -$10.05M | -$2.12M | -$865 | -$926 | $113K | -$138K | -$7K | $133K | -$14K | -$1.42M | -$1.09M | -$2.41M | -$718K | -$2.28M | -$104K |
| Net Income Margin | 9.9% | -47.5% | 1.4% | -87.5% | -713.9% | - | - | - | - | - | - | - | -230048.5% | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||||
| EPS | 0.10 | -0.38 | 0.01 | -1604.00 | -472.00 | -0.21 | -0.21 | 57.00 | -97.00 | -4.80 | 96.00 | -9.00 | -1263.00 | -1095.00 | -6000.00 | -3000.00 | -9000.00 | -429.00 |
| Diluted EPS | 0.10 | -0.38 | 0.01 | -1604.00 | -472.00 | -0.21 | -0.21 | 57.00 | -97.00 | -4.80 | 96.00 | -9.00 | -1263.00 | -1095.00 | -6000.00 | -3000.00 | -9000.00 | -429.00 |
| Weighted Average OS | 3.36M | 1.94M | 1.48M | 6,266 | 4,498 | 4,059 | 17,599 | 7,939 | 1,421 | 1,367 | 1,367 | 1,367 | 1,127 | 996 | 520 | 218 | 240 | 240 |
| EBITDA | $915K | -$406K | $107K | -$9.98M | -$2.1M | -$865 | -$97K | $144K | -$137K | -$5K | $134K | -$6K | -$928K | -$898K | -$2.31M | -$238K | -$165K | -$103K |
| EBITDA Margin | 26.3% | -26.3% | 16.2% | -86.9% | -707.5% | - | - | - | - | - | - | - | -149919.2% | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $762K | $322K | $124K | $99K | $28K | $1K | $343 | $500 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $667K | $10K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $762K | $322K | $791K | $109K | $28K | $1K | $343 | $500 | $0 | $0 |
| Accounts Receivable | $479K | $312K | $377 | $3K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $7.77M | $1.39M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $11K | $2.94M | $99K | $0 | -$1K | $0 | $0 | $0 |
| Total Current Assets | $1.26M | $651K | $9.27M | $4.55M | $144K | $3K | $343 | $500 | $4K | $0 |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $4.58M | $2.98M | $3.01M | $0 | $0 | $0 | $659K | $341K | $300K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $41K | $94K | $141K | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39K | $39K |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $400K | -$2.87M | $176K | $0 | $0 | $0 | $0 | $0 | $250K |
| Total Long-Term Assets | $4.58M | $3.38M | $179K | $270K | $141K | $0 | $659K | $341K | $339K | $289K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.84M | $4.04M | $9.45M | $4.82M | $285K | $3K | $659K | $341K | $343K | $289K |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $103K | $118K | $57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $2.13M | $170K | $170K | $0 | $0 | $4K | $325K | $0 | $250K | $284K |
| Current Income Tax Payable | $13K | $18K | $0 | $1K | $5K | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $611K | $4.42M | -$89K | $1.54M | $284K | -$4K | $26K | $26K | $27K | $17K |
| Total Current Liabilities | $5.44M | $4.82M | $19.65M | $6.82M | $2.41M | $4K | $351K | $26K | $277K | $302K |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $2.71M | $4M | $4.88M | $0 | $0 | $0 | $300K | $179K | $32K | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $4.33M | $5.25M | $6.22M | $0 | $0 | $0 | $300K | $179K | $32K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $9.76M | $10.08M | $19.65M | $6.82M | $2.41M | $4K | $652K | $205K | $309K | $302K |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $0 |
| Common Stock | $38K | $31K | $15.18M | $194K | $187K | $187K | $65K | $65K | $43K | $41K |
| Retained Earnings | -$5.73M | -$6.07M | -$51.84M | -$26.21M | -$16.16M | -$14.04M | -$6.75M | -$6.66M | -$6.66M | -$6.63M |
| Comprehensive Income & Other | -$6K | -$2K | $831K | $14.07M | $13.85M | $13.85M | -$65K | -$65K | -$43K | $0 |
| Other Stockholders' Equity | $1.76M | -$995 | $26.47M | $24.01M | $13.85M | $13.85M | $6.69M | $6.73M | $6.66M | $6.58M |
| Total Equity | -$3.93M | -$6.04M | -$10.19M | -$2M | -$2.12M | -$2K | $8K | $136K | $34K | -$13K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.84M | $4.04M | $9.45M | $4.82M | $285K | $3K | $659K | $341K | $343K | $289K |
| Supplementary Data | ||||||||||
| Total Debt | $126K | $5.52M | $170K | $0 | $0 | $4K | $625K | $179K | $282K | $284K |
| Net Debt | -$637K | $5.2M | $46K | -$99K | -$28K | -$1K | $625K | $178K | $282K | $284K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | $345K | -$734K | -$25.64M | -$10.05M | -$2.12M | -$865 | -$926 | $113K | -$138K |
| Depreciation & Amortization | $357K | $208K | $80K | $49K | $12K | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$167K | -$238K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | -$6.38M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$15K | $61K | $57K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$22K | $323K | $6.51M | $115K | $2.11M | $58 | $0 | -$77K | $112K |
| Total Working Capital Change | -$204K | $146K | $24.64M | $115K | $2.11M | $58 | $0 | -$77K | $111K |
| Other Non-Cash Items | -$57K | $201K | $323K | $8.7M | -$99K | $0 | $0 | -$205K | $16K |
| Net Cash from Operating | $441K | -$180K | -$596K | -$1.19M | -$99K | -$807 | -$926 | -$169K | -$11K |
| Investing Activities | |||||||||
| Capital Expenditures | -$898K | -$500K | -$1.03M | -$2K | -$154K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $1.03M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$898K | -$500K | -$1.03M | -$2K | -$154K | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $695K | $895K | $553K | $1.26M | $279K | $19 | $565 | $152K | $10K |
| Net Cash from Financing | $895K | $895K | $723K | $1.26M | $279K | $19 | $565 | $152K | $10K |
| Forex Effect | $886 | -$13K | -$104K | $3K | $23 | -$3 | -$6 | $0 | $0 |
| Net Change in Cash | $440K | $202K | $23K | $71K | $27K | -$791 | -$367 | -$17K | -$1K |
| Supplementary Data | |||||||||
| Operating Cash Flow | $441K | -$180K | -$596K | -$1.19M | -$94K | -$807 | -$926 | -$169K | -$11K |
| Capital Expenditure | -$898K | -$500K | -$1.03M | -$2K | -$154K | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$456K | -$680K | -$596K | -$1.19M | -$248K | -$807 | -$926 | -$169K | -$11K |
| Cash at Beginning | $322K | $120K | $99K | $28K | $1K | $343 | $3K | $18K | $0 |
| Cash at End | $762K | $322K | $123K | $99K | $28K | $1K | $2K | $500 | -$1K |